31,737 Intel Corporation $INTC Shares Purchased by Americana Partners LLC

Americana Partners LLC grew its stake in Intel Corporation (NASDAQ:INTC) by 39.8% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 111,563 shares of the chip maker’s stock after purchasing an additional 31,737 shares during the quarter. Americana Partners LLC’s holdings in Intel were worth $13,413,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Kurv Investment Management LLC lifted its position in shares of Intel by 7.4% during the third quarter. Kurv Investment Management LLC now owns 100,131 shares of the chip maker’s stock valued at $12,039,000 after purchasing an additional 6,896 shares in the last quarter. LJI Wealth Management LLC boosted its holdings in Intel by 1.6% during the third quarter. LJI Wealth Management LLC now owns 9,947 shares of the chip maker’s stock worth $1,196,000 after purchasing an additional 159 shares during the last quarter. Modera Wealth Management LLC grew its position in Intel by 2.0% in the 3rd quarter. Modera Wealth Management LLC now owns 74,022 shares of the chip maker’s stock worth $8,900,000 after purchasing an additional 1,452 shares in the last quarter. State of Wyoming bought a new stake in Intel in the 3rd quarter worth about $1,955,000. Finally, CFC Planning Co LLC bought a new stake in Intel in the 3rd quarter worth about $397,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel exceeded third-quarter expectations, reporting adjusted earnings of $0.52 per share versus a roughly $0.41 consensus estimate. Revenue increased 21% year over year to approximately $16.5 billion. Intel third-quarter earnings report
• Positive Sentiment: Data Center and AI revenue rose 78% to $7.3 billion, while Intel Foundry revenue increased 58% to $6.7 billion. CEO Lip-Bu Tan also highlighted the potential for AI agents to expand the server CPU market. Intel server and AI revenue coverage
• Neutral Sentiment: Intel agreed to acquire Israeli quantum software company Classiq Technologies for about $2.3 billion, seeking to build a full-stack quantum-computing business. The deal may provide a long-term growth option but adds to near-term spending and execution demands. Intel Classiq acquisition
• Negative Sentiment: Fourth-quarter guidance was well below Wall Street expectations: revenue is projected at $15 billion-$16 billion, versus approximately $17.1 billion expected, with adjusted earnings of about $0.25 per share versus roughly $0.45 expected. Management said the PC slowdown could persist through at least the first half of 2027. Reuters Intel outlook report
• Negative Sentiment: Memory shortages and higher component prices are making PCs more expensive, while Intel expects client-computing revenue to weaken. A blast at its Israel facility is expected to cause roughly $300 million-$600 million in revenue disruption, adding to manufacturing constraints. Intel PC slowdown and Israel facility report
• Negative Sentiment: Analysts responded with multiple downgrades and price-target reductions, citing weak PC demand, supply bottlenecks, lower margins, heavy foundry investment and the risk that Intel may not generate free cash flow in 2027. The outlook also triggered a broad semiconductor selloff, pressuring AMD, Nvidia, Broadcom and other chip stocks. Analyst reactions to Intel earnings

Insider Activity

In related news, CEO Lip Bu Tan purchased 105,263 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the purchase, the chief executive officer directly owned 1,314,669 shares in the company, valued at approximately $124,893,555. This trade represents a 8.70% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.05% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on INTC shares. Bank of America lowered shares of Intel from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $145.00 to $100.00 in a research note on Friday. TD Cowen cut their target price on Intel from $95.00 to $75.00 and set a “hold” rating on the stock in a research note on Friday. Wall Street Zen lowered Intel from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Susquehanna reduced their target price on Intel from $105.00 to $75.00 and set a “neutral” rating for the company in a report on Friday. Finally, Barclays raised Intel from a “hold” rating to an “overweight” rating in a research report on Wednesday, September 16th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twenty-seven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $97.86.

Intel Price Performance

INTC opened at $65.76 on Friday. Intel Corporation has a fifty-two week low of $32.89 and a fifty-two week high of $142.35. The firm has a 50-day moving average of $101.10 and a 200 day moving average of $86.36. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. The firm has a market cap of $331.69 billion, a P/E ratio of -27.29, a PEG ratio of 9.78 and a beta of 2.22.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, October 29th. The chip maker reported $0.52 EPS for the quarter, topping the consensus estimate of $0.41 by $0.11. The business had revenue of $16.51 billion for the quarter, compared to analyst estimates of $16.56 billion. Intel had a negative net margin of 20.09% and a positive return on equity of 4.55%. The company’s revenue for the quarter was up 20.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.23 earnings per share. On average, research analysts expect that Intel Corporation will post 1.05 EPS for the current year.

About Intel

Intel Corporation (NASDAQ:INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for networking, edge computing, graphics, and artificial intelligence workloads.

Through Intel Foundry, the company also provides semiconductor manufacturing and technology-development services for external customers. Intel develops process technologies, advanced packaging, and other manufacturing capabilities intended to support its own products and third-party chip designs.

Founded in 1968 by Robert Noyce and Gordon Moore, Intel helped establish the modern microprocessor industry and has historically supplied processors for PCs, servers, and other computing systems.